GBPJPY update Hi everyone! Hope you had a great weekend!
Updating GBPJPY after last weeks 180pips run. Price broke the supportive trendline and will probably make a correction. Entering here with small position, and waiting for a pullback to happen to get a chance of placing a bigger position, aslong as price doens't break-up creating a new high above 145.00!
What do you think? Leave a comment!!
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Good luck everyone
100pips
BEAM IS ABOUT TO MOON!!BEAM is about to break out
ENTRY 0.285-0.31
TP-0.35
0.45
0.60
SL 10% tight sl
100 pips opportunity in AUD JPYHi Traders,
This pair is now trading between a tight support and resistance zone. In case of an upward breakout of the highlighted zone (Red) price is likely to test the above trendline. Stop loss can be maintained below the red zone.
For queries pls comment below...
Happy Trading....
EURUSD one more short before longHi guys, hope you're having a good weekend! Please, dont forget to like if you find this useful! Thanks
This is my move for when market opens. Will be looking for a candle to close below 1.1700 before entering short with 40pips SL. This is my view for this pair in the coming week. In a long term view, i believe we're breaking out of a down-trend dating back to july '18, but we still have room for a re-test around 1.16 and 1.15 before going higher!
What do you think?? Leave a comment!!
EURCHF possible short 100pipsWaiting on a candle close below support at 1.0730 with initial target at 1.0695 and final target at 1.0620.
Could see price going up before the push down, to around 1.0775! That would be a nice short entry imo.
What do you think?? Leave a comment!! Please dont forget to like :D
Have a great day
LET'S GO LONG ON GBPAUDNAKED TECHNICAL ANALYSIS ! ! !
This trade is a continuation of my last 150 pips trade in this pair ( go to my profile for confirm ).
We had a continuation ABC pattern that now break the resistance & retest it and now we are waiting for the continuation for one more push!
Lower time frame confirms that the market still want one more move up ! ! !
ENTRY: (1.8255)
STOP LOSS: (1.8222 - 33pips)
TP1 :(1.8288 - 33 pips (1:1) & move to BE)
TP2: (1.8321 - 66 pips (1:2) )
TP3: (1.8355 - 100 pips (1:3) )
HAVE FAN & HAPPY PROFITS
Gold 100 pips Buy Breakdown 1890-1900Gold had formed a clear support during London Session on the 30m and 1h timeframes. We had strong bullish momentum so my bias was bullish in the short term. I then switched down to the 15m timeframe to look for a good entry to minimise drawdown.
When a bullish 15m candle closed starting from support, I waited for the next candle to form bullish and my final confirmation was that it broke the high of the previous bullish 15m candle. Then I entered the trade.
My stops were below the 15m wick rejections and my two targets were 1897 and 1900.
Both targets were smashed within a few hours with very minimal drawdown.
If any candle from 15m upwards closed below support, I would have closed my positions as it was invalidate the setup.
EJ Analysis 04/10/2020 -- UpdateI had already highlighted that for buys to be valid, price needed to break resistance and form a support.
Price did exactly this and as support was formed, I looked for confirmations to enter buys. When the bullish 15m candle broke the high of the previous 15m candle which was our formation of support, I entered the trade.
My stops were below the current 30m candle and I secured profits and left stops at BE when the zone highlighted as a potential barrier for price to break through was tapped.
I left half of my position open and closed 90% of that at the 100 pip mark, with my final runner eventually getting stopped out at 98 pips profit.
This is an example of trailing stop loss, every so often I moved my SL further into profit following market structure.
The risk reward on this trade was 18.36 and price moved beautifully with no bumps along the way.
EURUSD 15Min Chart ( A 100 Pips Signal ) Hi guys ! This is my analysis on the 15 min EURUSD chart , so as I mentionned on the chart we will buy this pair if only the market breaks the first resistance strongly , so after this breakout it will probably go 1.13412 . You can follow the chart insructions if you're interested and thank you !
Great Short Opportunity (Break & Retest) CADCHFA great opportunity to short CADCHF to close the week.
I'm personally looking for a break and retest of my 4HR structure, before going short on CADCHF. To TP1, we're looking at a nice 73pip movement to the downside to settle at 0.69357. I would recommend taking this with a 25pip stop loss for a risk to reward ratio of 2.92.
I would then aim for it to break the structure settled around that area to head further down to the region of 0.68322 for a even better looking 102.6 pips. For this I would set my stop loss to 40pips, to clear some previous structure and allow some market movement whilst obtaining a 2.58 risk to reward ratio!
Please let me know your guys thoughts!
*Please note this is my own personal analysis, and I strongly recommend that you carry out your own analysis before executing a trade. Please do not take this analysis as gospel.*